Did you know that a residential property valued at $2 million or more may be subject to different property tax rates in Hawaiʻi County?

For Big Island residential properties, Hawaiʻi County uses different tax-rate tiers based on the property’s net taxable value. The Residential Tier …

Buying a property involves more than the purchase price. Understanding the costs associated with a real estate purchase can help you prepare for the total amount you may need to complete the transaction and take ownership of the property.

What Costs Should Buyers Consider?

Depending on the …

When Selling a Hawaii Property, Does the Seller Pay Conveyance Tax?

Selling a property in Hawaiʻi? One cost sellers should be aware of is the Hawaiʻi Real Property Conveyance Tax.

The Conveyance Tax is generally paid by the seller (transferor) when real property is transferred from one …

If you own and occupy a home as your primary residence on Hawaiʻi Island, you may qualify for Hawaiʻi County's Homeowner Exemption. Filing for this exemption can help reduce the taxable value of your property and potentially lower your annual property tax bill.

How to File

To …

Thinking about renting out a home or condominium as a vacation rental? In Hawaiʻi, short-term rental income can come with additional tax responsibilities that property owners should understand before getting started.

Hawaiʻi generally treats rentals of less than 180 consecutive days as transient accommodations. Rental income from Hawaiʻi …

If your home on Hawaiʻi Island is your primary residence, you may qualify for Hawaiʻi County’s Homeowner Exemption. The exemption reduces the taxable value of your property, which may help lower your annual property tax bill.

You may qualify for the Homeowner Exemption if you:

• …